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    MYR to USD Exchange Rates

    Compare & Save on Malaysian ringgit to US dollar FX rates - Check MYR/USD Trends and Forecasts.

     
    1 MYR =
    0.2389We compare provider deals to this wholesale mid-market rate. Read more
    USD
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    MYR to USD at 0.2389 is near average of its 90-day range 0.2359-0.2415.
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    Track Rate
      1 USD = 4.1865 MYR
    MYR/USD wasChangePeriod
    0.2376
    07 Jan 2022
    0.5% 2 Weeks
    0.2410
    23 Oct 2021
    0.9% 90 Days
    0.2481
    21 Jan 2021
    3.7% 1 Year
    0.2249
    22 Jan 2017
    6.2% 5 Years
    0.3229
    24 Jan 2012
    26% 10 Years
    0.2632
    26 Jan 2002
    9.2% 20 Years
    MYR/USD change over periods to 21-Jan-2022

    The Malaysian ringgit has fallen below 24 cents as a firmer US dollar kept Asian currencies subdued while escalating woes at indebted developer China Evergrande switched markets to safe haven mode.

     MYR Outlook

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    MYR to USD - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     

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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest MYR to USD Exchange Rate (shown above) or a transaction fee and often both!

     

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       
     

    How to get a good MYR to USD Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to the United States.

     

    Will the Malaysian ringgit rise against the US dollar?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add MYR/USD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     

    Rate Tracker

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.